So many of the things we do in everyday life unexpectedly affect something that is unrelated, but important.
While we're seeing pressure on the cost of food, which could be showing up soon in restaurants and grocery stores, we aren't seeing an increase in the cost of wages to pay for that increase in food prices.
That 2% savings is $1,000 for the year for someone with taxable wages of $50,000. When was the last time you got $1,000 for free?
All of these statements contain important information for identity thieves. Here are some steps to avoid identity theft.
This is the first in a series of articles that will help your kids understand money and how to make the most of it.
The interest on a home mortgage and the taxes on your home can be listed as an itemized deduction and therefore save you tax dollars. However, you're thinking: I don't have a home, so I have neither mortgage interest nor property taxes I can deduct.
With an ever-expanding world population there are more mouths to feed. Also, keep in mind that the population of both China and India is increasing their standard of living, so that means they're demanding more foods like the ones we consume, putting even more pressure on the demand side.
Having grown up with landlines, I really can't imagine life without them; I've always considered them my connection with the outside world. But, is that something I can do without?
It has now been nearly two straight years with unemployment at 9% and greater. One of the ancillary effects of this long recession and its high unemployment is a downward pressure on wages.
Too many of my clients exclaim that they don't make enough money. This feeling pervades all groups, from wealthy to minimum wage earner, from the recent college graduate to the person getting ready to retire.
Too many people simply look at the minimum amount due on their credit cards and think, "Wow, that's so cool, all I have to do is pay the minimum on this $12,346.52 balance; that's not much at all!"
Many people believe if they pay off their credit card balances, there will be an automatic and dramatic increase in their credit score. Perhaps. If you ask five "credit professionals" about paying down your credit card balance, you'll get at least seven different answers.
Oftentimes when I'm speaking to audiences about controlling their spending, I'm thinking that they're thinking, "Does he really expect me to give up all my luxuries? Does he expect me to forget about having fun? Does he think I'll never buy another latte?"
When I was young, my father had a lot of money. All I had to do was go to a toy store, point to the item I wanted, and it magically appeared in my room at home. When I was eight years old, all that went away when my father's business almost went bankrupt.
Starting January 1st, 2011 if you apply for a loan or a credit card, and credit is extended but on less favorable terms than to other consumers, the issuer must now notify you of this fact. It used to be you would only have been notified under these conditions if you were financing your home.
With the unemployment rate still hovering at 10%, crime will be on the rise. All the more reason we need to be aware of it. One in four Americans have had their identities stolen.
Yesterday I blogged about whether an under 30-year-old with student debt should buy a house. The alternative, besides living with your parents or in your car, is to rent.
Many seniors graduating from school already have a mortgage on their hands. I've spoken to several people who have student loans totaling over $150,000. Your best first step would be to start paying down on that student loan and start saving for a down payment.
On December 31st Jennie wrote about sticking with resolutions. Yes, we all make them and we all break them. The reason most resolutions are broken is that they start out way too ambitious.
One of our cornerstone philosophies is creating a movement so people get in touch with their money.